August 15, 2018

Russian miners explore payment schemes eschewing dollar

Russia favoured bilateral trade with all countries in their national currencies, rather than the dollar, but that the idea needed detailed work.

August 15, 2018

Gold trading volumes double in Turkey amid currency crisis

First Turkish President Recep Tayyip Erdogan argued citizens should buy gold, then he said sell.

August 15, 2018

Metals poisoned by Turkey contagion as copper nears bear market

Base metal markets tumbled on Wednesday, with most contracts falling more than 2 percent in London. Copper sank below $6,000 a metric ton and is set to close in a…

August 15, 2018

Gem Diamonds big discoveries reach a dozen

The company that digs the world’s most valuable diamonds may soon become the one that also finds the biggest.

August 13, 2018

Look away from the US and gold prices are soaring higher

Gold may be trading at its lowest in 18 months in dollar terms but look at the precious metal in other currencies and you can see it’s still serving its…

August 13, 2018

Soviet collapse echoes in China’s Belt and Road

Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic…

August 13, 2018

Electric car bets boosting nickel demand, Nornickel says

Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal.

August 13, 2018

Russia’s richest lose $3.1B as tax plan hits shares

Russia’s super-rich tycoons lost more than $3 billion in one day.

August 12, 2018

CSN hires Jefferies to sell assets in Portugal, Germany -paper

The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.

August 12, 2018

Egyptian copper’s origin revealed

Two new studies reveal where ancient Egyptians got the red metal from.